Institute for Research on Labor and Employment
California Crisis: The United States and California Two and a Half Years After the End of the Great Recession
- Author(s): Appelbaum, Lauren D.
- et al.
While the Great Recession officially ended in July 2009, both the country as a whole and the State are still struggling with the aftermath of the recession, particularly its impact on job growth. The unemployment rate in the U.S. is still above 8% and expected remain this high throughout 2012 and 2013. California’s unemployment rate is still above 11%. This report provides an examination of where we are now, more than two and a half years after the end of the recession, both in the United States as a whole and in California.